How To Repeat A Formula In Excel For A Column Learn How to Use Excel For Common Business Needs

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Learn How to Use Excel For Common Business Needs

If you need to learn how to use Excel for work, you’re probably wondering about the most common uses for this powerful software. This article covers the basics of using Excel for data management and reporting, budgeting and forecasting, and where to find quality training so you can quickly improve your Excel skills.

Learn how to use Excel for data management

Unless you’re managing large amounts of data, you probably don’t need a dedicated database management tool to manage your data. Excel is great for managing reasonably sized lists such as contact lists, basic accounting data, customer lists, and other “ad hoc” data projects. One of the great features of Excel is the ability to sort and filter lists based on column headings. Excel spreadsheets can hold over 65,000 rows of information, so they are often very useful for managing lists that need to be sorted in different ways. If you need to quickly gather your data into a quick report that’s easy to view, the built-in pivot table feature is a great solution. Pivot tables allow you to easily move columns and rows to display data in any format you want to see.

Learn how to use Excel for budgeting and forecasting

Spreadsheets such as Microsoft Excel have traditionally been designed for this purpose. The spreadsheet format and the ability to let individual cells interact with each other using formulas allow this tool to perform extremely powerful and complex analysis. If you want to use Excel for your budgets and forecasts, you should use some common techniques. Identify one or more variables that will affect the future results of your forecast, such as your revenue growth rate. When creating a forecast model, use a cell reference for your growth rate rather than a static value. This allows you to easily model “what if” scenarios (such as a growth rate that is higher or lower than expected).

Learn how to use Excel quickly

Obviously, there are many more useful applications for Excel, and this article will only touch on two of them. The best way to become familiar with Excel is to purchase a comprehensive training course on CD. These courses can be delivered to your door in just a few days and are installed directly on your computer at home or in the office. Once installed, you can go through the lessons at your own pace and repeat them as many times as you want. It’s amazing what you can learn about using this powerful tool in just a few days of lessons, and your boss will be even more impressed when he sees your new skills in action!

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